PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0214%/8h= +23.5% APRnext payment +$0.27 per $10,000 · paid last 24h +0.003%

Price spread now: Nado against Arcus−0.022%7-day average +0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$430.428% of the position

Long on Arcus Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.323%+$32 · spread now −0.022%, 7d avg +0.018%

Together, before fees+0.326%+ Points / potential airdropNado: Active · farm board+$33 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.040% cheaper against Arcus than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.018%). If the spread goes back, that is −$4 on $10k: about 15 hours of funding at the current rate (+$6 a day). At the pace of the last 4 days (+0.004% in total) that is about 41 days.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.004% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus PUMP-USD	0.004589	0.0100	pay 0.0013% / 1h	0m 30s	$51K	$152K	10x
Short	Nado PUMP-PERP	0.004588	0.0314	get 0.0039% / 1h	0m 30s	$1.7M	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Arcus. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ArcusbpFee NadobpOrdersPrice spread, now −0.022%Rate

Funding earned: $44.99
Price spread: −0.022% → +0.018%: −$4
Slippage, 4 orders: −$31.29
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$1.81
Costs to cover: 0.428%
Break-even: 7.3 days

Slippage from Arcus: live order book, 28 min ago; Nado: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Arcus live order book, 28 min ago	9.95 bp	13.3 bp −$13	19.6 bp −$196	doesn't fit	doesn't fit
Sell Nado live order book, 3 min ago	2.18 bp	8.0 bp −$8	19.8 bp −$198	doesn't fit	doesn't fit

PUMP on 41 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX PUMP-USD	−0.3325%	1h	0.004581	−0.172%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004577	−0.261%	$18K	$261K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0003%	1h	0.004583	−0.137%	$61K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004584	−0.109%	$3.0M	$4.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.939%	$30K	$670K	20x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004592	+0.065%	$170.9M	$49.7M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004585	−0.080%	$865K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004582	−0.153%	$524K	$857K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004584	−0.109%	$83.7M	$175.6M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004578	−0.240%	$25.2M	$103.3M	50x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004572	−0.375%	$27K	$154K	5x	as long as short
Arcus PUMP-USDlong	+0.0100%	1h	0.004589	long leg	$51K	$152K	10x
Gate PUMP_USDT	+0.0100%	4h	0.004583	−0.131%	$4.9M	$10.2M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004589	0.000%	$25.2M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004587	−0.044%	$18.1M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004582	−0.153%	—	$14.6M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004576	−0.281%	$820K	$212K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004594	+0.101%	$68K	$3.3M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004592	+0.073%	$1.3M	$10.9M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004595	+0.131%	$163K	$744K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004591	+0.044%	$108K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004580	−0.196%	$43K	$2K	10x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004577	−0.261%	$2K	$785K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004578	−0.240%	$294	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004579	−0.218%	$22K	$126K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004579	−0.218%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004584	−0.117%	$44K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004585	−0.082%	$3.9M	$4.0M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004576	−0.283%	$68K	$10K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0187%	1h	0.004579	−0.218%	$70K	$109K	25x	as long as short
01 Exchange PUMPUSD	+0.0296%	1h	0.004589	0.000%	$6K	$600	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004576	−0.283%	$66K	—	100x	as long as short
Nado PUMP-PERPshort	+0.0314%	1h	0.004588	−0.022%	$1.7M	$2.1M	10x
Phoenix PUMP	+0.0332%	1h	0.004587	−0.041%	$45K	$146K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004575	−0.305%	$3.8M	$4.8M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004578	−0.247%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0344%	1h	0.004582	−0.153%	$38K	$204K	12x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004585	−0.087%	$745K	$6.2M	50x	as long as short
RISEx PUMP/USDC	+0.0741%	1h	0.004588	−0.011%	$589K	$1.1M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0808%	1h	0.004582	−0.153%	$1.1M	$3.5M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0950%	1h	0.004588	−0.019%	$508	$103K	10x	as long as short